Delta Air Lines is expected to report second-quarter earnings slightly above its previous guidance range of $1.00 to $1.50 per share, with UBS forecasting $2.51 per share for Q3, above Wall Street's $2.03 consensus. Investors will focus on Delta's outlook for the third quarter and full year, especially amid rising fuel costs and crew scheduling challenges that may increase expenses. UBS expects Q3 non-fuel unit costs to rise 6-7% and notes potential refinery profit impacts from a recent fire. The full-year earnings guidance is anticipated between $6 and $7 per share, with some caution about maintaining revenue growth amid tougher market conditions. UBS maintains a 'Buy' rating with a $107 price target, suggesting upside from current levels.
Despite President Trump's statement that the ceasefire with Iran is over, airline stocks have risen 10% since the conflict began, even as crude oil prices initially surged then fell back. The U.S. Global Jets ETF recently dropped 4% but remains up ov...
Delta Air Lines is launching a new lower-cost fare called 'Basic Business' in its premium cabins, including Delta One and first class. These fares exclude perks like free seat assignments, airport lounge access, and allow changes only for a fee, simi...
In May 2026, US airlines spent $6.66 billion on jet fuel, marking the second consecutive month with costs above $6 billion and an 84% increase from May 2025. This surge is mainly due to higher fuel prices, with the average price per gallon at $4.09, ...
Stock market futures will begin trading on Sunday evening, marking the start of a relatively quiet week ahead. This calm period precedes the busy second-quarter earnings season, when many companies will report their financial results. Investors are l...
SpaceX's IPO quiet period ends this week, allowing analysts to publish ratings as the stock joins the Nasdaq 100. Options trading shows strong bullish sentiment, with calls at $180 and $190 implying an 11-17% upside. PepsiCo reports earnings amid mix...
